Managing The Thread Gauges And Thread Taps Sourcing Cycle.doc
As a product manufacturing company that manufactures threaded components it is important to keep the most important tools such as UN thread taps and thread gauges supply flowing.
Managing The Thread Gauges And Thread Taps Sourcing Cycle.doc
1.
Managing The ThreadGauges And Thread Taps Sourcing Cycle
As a product manufacturing company that manufactures threaded components it is important
to keep the most important tools such as UN thread taps and thread gauges supply flowing.
In order to enjoy a seamless supply of the thread gauges and thread taps, you need to plan
carefully your sourcing cycle. You cannot place the order each time after you run out of
stock. It would be a very bad way to manage your supplies. Here are a few important basics
to keep in mind when you are planning your thread gauges and thread taps sourcing cycle.
Identify your monthly and your annual needs first fully. You will be able to plan your
sourcing calendar for your NPT thread gauge requirements only when you have up to date
information on your requirements. Often customers think that they already know what they
need but they would not have actually paid attention to the details. Here we are not talking
about a general understanding of the requirements but about the specific details. You must
know how many thread taps and thread gauges you need per month or for any given span of
time based on the historical data. You cannot take a random count on your requirements. You
should always have surplus stock.
Once you have all these data at hand, you must look for a supplier that is capable of meeting
your requirements in the most efficient and in the most cost effective manner. Have a clear
understanding of the turnaround time of your manufacturer. You should also check the
shipping duration. While planning these two factors have to be taken into consideration.
Based on your monthly, quarterly and annual requirements you must plan your sourcing
cycle. It is highly recommended that your sourcing cycle is always ahead of your
requirements cycle at least by two cycles.
When your sourcing cycle is ahead by two cycles, you do not have to worry about the delays.
Even if there are any unforeseen delays, you do not have to stall your production cycle as you
will still have enough supply of these tools. With experience you will be able to perfect your
sourcing cycle. So do take your time to review these factors and to pay attention to these
factors. You need to have a reliable supplier that you could count on for all your ongoing
requirements.